Digital Banking

Digital banking is part of the broader context for the move to online banking, where banking services are delivered over the internet. The shift from traditional to digital banking has been gradual and remains ongoing, and is constituted by differing degrees of banking service digitization.

Source: en.wikipedia.org

New York Leads US In Bank Branch Closures

New York Leads US In Bank Branch Closures
New York Leads US In Bank Branch Closures
February 19, 2020  |  Banking

Banks across the U.S. are closing branches, but the New York area is seeing more closures than most, Bloomberg reported on Wednesday (Feb. 19). Get...

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FinTech LendingClub Buys Radius Bank For $185M
FinTech LendingClub Buys Radius Bank For $185M
February 18, 2020  |  Partnerships / Acquisitions

FinTech LendingClub is purchasing Radius Bancorp for $185 million in cash and stock, according to a report by CNBC. Get the Full Story Complete the...

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PSCU’s Lumin Enables Digital Payments For TN Credit Union
PSCU’s Lumin Enables Digital Payments For TN Credit Union
February 18, 2020  |  Digital Banking

The PSCU company Lumin Digital has signed Bartlett, Tennessee-based First South Financial credit union to a multi-year digital banking and cloud computing agreement, Lumin announced...

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Deep Dive: Orchestrating Complex Authentication And Fraud Decisioning
Deep Dive: Orchestrating Complex Authentication And Fraud Decisioning
February 18, 2020  |  Fraud Prevention

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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N26’s UK Customers Scramble After Bank’s Exit
N26’s UK Customers Scramble After Bank’s Exit
February 18, 2020  |  Brexit

Online bank N26‘s decision to exit the U.K. has customers feeling left behind, CNBC reported. The Berlin-based digital bank said it would not be able...

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French FinTech Closes $4M For New Neobank
French FinTech Closes $4M For New Neobank
February 18, 2020  |  B2B Payments

FinTech startup EasyEuro — based in both Paris, France and Shenzhen, China — has closed a $4 million pre-funding deal to launch a Neobank (a...

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Monzo Hopes For Profit, New Digital Accounts And Hires
Monzo Hopes For Profit, New Digital Accounts And Hires
February 17, 2020  |  Digital Banking

British digital bank Monzo, expanding fast, wants to hire up to 500 people and (hopefully) reach 5.5 million users this year. The bank is also...

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The $500B Consumer Lifestyle Opportunity Credit Unions Are Missing
The $500B Consumer Lifestyle Opportunity Credit Unions Are Missing
February 17, 2020  |  Credit Unions

Credit unions (CUs) have a bit of asymmetry in their relationships with their customers. On one hand, as PYMNTS data shows, customers very much like their...

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Creating LATAM’s Commerce ‘Digital Value Chain’
Creating LATAM’s Commerce ‘Digital Value Chain’
February 17, 2020  |  Digital Banking

Instant payments, digital commerce and banking across mobile devices are all gaining ground no matter where you look, geographically speaking. Get the Full Story Complete...

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